“Is my donation eligible for a tax receipt?” A question Federated Health Charities gets all the time. For the most part, Federated Health Charities can provide an official tax receipt for $25 or more when a donor gives a voluntary gift of cash and expects nothing in return.
For example, when you give money to Federated Health Charities by making a payroll pledge through WIN, submitting a pledge form through your local campaign or making a one-time donation, you are eligible for a tax receipt.
In the chart below, you can see the difference that charitable donation tax credits make when you claim your donation receipts. Not only is giving to charity a great way to make a difference, you can also take advantage of federal and provincial tax incentives.
If you make a donation of | You will be eligible for a tax credit of* |
---|---|
$25 | $5.00 |
$35 | $7.00 |
$50 | $10.00 |
$75 | $15.00 |
$100 | $20.00 |
$125 | $25.00 |
$150 | $30.00 |
$200 | $40.00 |
$300 | $80.00 |
$500 | $161.00 |
$750 | $261.00 |
$1,000 | $361.00 |
*Numbers are rounded
You are also eligible for a tax receipt if you sponsor someone in a walkathon/marathon for $25 or more.
What’s the Best Way to get a Tax Receipt?
- If you make a payroll pledge to Federated Health Charities (i.e. donate through an automatic deduction from your paycheque), the amount of your deduction will be included on your T4; no need to worry about a receipt.
- If you make a donation through submitting a pledge form, we will send you a tax receipt..
- If you make a one-time donation to Federated Health Charities by a credit card or a cheque, Canada Helps will issue a tax receipt and mail it to your home address or email it to you.
Every donation to Federated Health Charities, big or small, goes to our charities to help people and families across Ontario experiencing serious illness and life-changing health conditions. Please donate generously during the 2024 campaign.